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Shibui - Excellence D-fly 9.17.13

Nov 11, 2014

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Business

John Spence

Slides for Dragonfly management staff retreat
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Page 1: Shibui - Excellence   D-fly 9.17.13

Shibui

Page 2: Shibui - Excellence   D-fly 9.17.13

“Simplicity is the ultimate sophistication” Leonardo da Vinci

Page 3: Shibui - Excellence   D-fly 9.17.13

This is a very special workshop• I have a ton to cover and I will go pretty fast.• 90% is in the book.• Please take notes and ask questions.• I am happy to answer any of your questions, offer

advice and recommend books at any time.

• Work very hard… take this seriously.

The slides are already posted at:

www.SlideShare.net/johnspence

Page 4: Shibui - Excellence   D-fly 9.17.13
Page 5: Shibui - Excellence   D-fly 9.17.13

100+ since 1989

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What does this mean to me?

How can I use this idea?

What can I do right away?

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Reality CheckKnowing – Doing

1 -10

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Most people are so busy working IN

their business that they do not take any time to work ON their business.

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Do you have a clearly focused and well-communicated vision and strategy for growth?

Effective Strategy =

Valued Differentiation x Execution

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(T + C + ECF) x DE = Success

2

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Web of Value

2

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VOC

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Moments Of Truth

Page 8

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WOM

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MOT Workshop

3

2 Parts:

Customer MOT

Internal MOT

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To get the most from our session together…

It is absolutely critical that you be brutally honest today.

4

So let's get started with

a little self-test…

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The level of highly satisfied and

engaged EMPLOYEES in your business.

The number one factor in increasing the level of highly satisfied and engaged

CUSTOMERS in your business is…

Page 21: Shibui - Excellence   D-fly 9.17.13

What do engaged employees look like?

1. They give more discretionary effort.

2. They consistently exceed expectations.

3. They take more responsibility and initiative.

4. They receive better customer service ratings.

5. They offer more ideas for improvement.

6. They promote and model teamwork.

7. They volunteer more for extra assignments.

8. They anticipate and adapt better to change.

9. They persist at difficult work over time.

10. They speak well of the organization.

1 - 10

115

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TEN ELEMENTS OF A WINNING CULTURE

1. People enjoy the work they do and the people they work with.

2. People take pride in the work they do and the company they work for.

3. There are high levels of engagement, connection, camaraderie and

a community of caring.

4. There is a culture of fairness, respect, trust, inclusiveness and teamwork.

5. The leaders walk the talk, live the values and communicate a clear vision

and strategy for growth.

6. Lots of open, honest, robust and transparent communication across

the entire organization.

7. The company invests back in employees; there is a commitment to learning,

coaching and development.

8. There is a bias for action, employees have an ownership mentality and

always strive to give their personal best.

9. There is high accountability and a strong focus on delivering the desired results.

10. There is ample recognition and rewards and mediocrity is not tolerated.

1 - 10

5

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Harvard: Best Place on Earth to Work

• Individual differences are nurtured

• Information is not suppressed or spun

• The company adds value to employees rather

than merely extracting it from them

• The organization stands for something

meaningful

• The work itself is intrinsically rewarding

• There are no stupid rules 6

1 - 10

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1,300,000 interviews: Basic 4 + 1

Goal Setting

TrustAccountability

Communications

RECOGNITION

Page 8Wow — No Surprises — Celebrate

1 - 10

6

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1. 100% Clarity + Authority

2. 100% Agreement

3. Track & Post

4. Coach & Train

5. Reward or Punish

7

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What does it take to be a valued member of a team?

Develop and display towering competence.

Follow through on all commitments.

Deliver required results superbly.

Ensures actions are consistent with their words.

Stands behind the team and its people.

Enjoyable to work with.

Passionate about their work and those they serve.

Communicates and keeps everyone informed.

Helps the other members of the team.

Helps members of other teams.

Shares ideas, information and credit.

Holds themselves and others 100% accountable.

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• D

• M

• C

• C

• M

• D

irection – vivid, clear, inspiring --- shared

easurements – specific, observable, focused

ompetence – very good at what they do

ommunication – open, honest, courageous

utual Accountability – all team members

iscipline – do this every day

8

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10 Key Team Competencies:

1. Setting clear, specific and measurable goals.

2. Making assignments extremely clear and ensuring required competence.

3. Establishing accountability for high performance across the entire team.

4. Running effective team meetings.

5. Building strong levels of trust.

6. Establishing open, honest and frank communications.

7. Managing conflict effectively.

8. Creating mutual respect and collaboration.

9. Encouraging risk-taking and innovation.

10. Engaging in ongoing team building activities.1 - 10

6

8

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Here is the KEY message…

You MUST work together to make this successful

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Twice weekly surveys for five years of 2,000+ senior managers and executives at:

• IBM• GE• Morgan Stanley• Merck• 3M• Microsoft• CIGNA• Heineken• MasterCard

• Fidelity• Motorola• Ikon• American Express• Progressive• Bank of America• AT&T• SAP• Borders 10

Page 31: Shibui - Excellence   D-fly 9.17.13

The Evergreen Project

10 year study of 160 top companies

40 distinct industries

200 management practices

Winners, climbers, tumblers, losers

Winners had an average Total Return to Shareholders of 945%... The

Losers only averaged a TRS of 62%

From: What (really) Works by Joyce, Nohria, Roberson

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The Four Primary Practices:1. A sharply focused, clearly communicated and

well-understood strategy for growth.

2. Flawless operational execution that consistently delivers the value proposition.

3. A performance-oriented culture that does not tolerate mediocrity.

4. A fast, flexible, flat organization that reduces bureaucracy and simplifies work.

From: What (really) Works by Joyce, Nohria, Roberson

11

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The Secondary Management Practices:

• Talent = find and keep the best people.

• Key leaders show commitment and enthusiasm for the business.

• Embrace strategic innovation.

• Master the power of partnerships.

From: What (really) Works by Joyce, Nohria, Roberson

Score yourself on the 1–10 scale for all eight practices on page 9

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Key Drivers of Business Success

Financial Performance

Quality P&S&

Customer Relationship

EmployeeSatisfaction

Empowerment High Standards

Long-termOrientation

Enthusiasm, Commitment,

Respect

Training &Development

Fair Compensatio

n

CR=104.12

CR= .404

CR=.334

CR=.277

CR=.275CR=.249

CR=.280 Coaching

CR=.285

CR=.371

CR=.365

CR=.191

CR=.247

10

WorkshopPage 11

TolerateNothingLess

From: Practice What You Preach by Maister

Global study:16 countries29 companies139 offices5,589 respondents

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What Inhibits Execution?National Survey of 4,000 Senior Executives

4. Inability to work together (21%)

3. Company culture (23%)

2. Economic climate (29%)

1. Holding onto the past / unwillingness to CHANGE (35%)

Page 36: Shibui - Excellence   D-fly 9.17.13

In other words…

• In order to succeed you need a high-performance team that embraces a strong culture of disciplined execution and accountability while being nimble, agile and adaptable to changes in the marketplace.

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Where are we going + how will we behave on the way?

FocusDifferentiation“No”

Stakeholders + guiding collation

Vision + ValuesStrategyPlansGoals / ObjectivesTactics / Actions

Procedures / ProtocolsRepeatable ProcessClear / consistent /

relentless

Training +time / money /

supplies / people

Measure / TrackCommunicate

Transparency Renewal

Praise + Celebration and

Eliminate Mediocrity

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Disciplined Execution Clear Vision

Detailed Strategy

Guiding Coalition

Alignment

Systems

Communication

Support

Adjust

Reward / Punish

12

1 - 10

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Read Pages 13 & 14

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Individual Workshop• Go back and look at all of your audits.• Where were your low scores, where were your high

scores – what is the pattern?• Look over your notes – what were the key themes?

What are the most important ideas?• Answers all the questions on pages 15 – 19.• Put in as much detail as possible.• Be very honest with yourself.• Think in terms of Actions and Outcomes.

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In teams by location…

• Look over pages 15- 19

• Team Workshop Pages 21 and 22

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If you have any questions at all please do not hesitate to send a note or call. My email address is: [email protected]

My twitter address is: @awesomelysimple

*** Please connect with me on LinkedIn ***

Also, you might find value in the ideas I share in my blog. You can sign up for it at:www.blog.johnspence.com

Lastly, these slides have already been uploaded to:

www.slideshare.net/johnspence